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While affording cautious welcome to the raft of business support measures announced by the Government to aid the posy-COVID-19 economic recovery, local businessman and prominent Fianna Fáil Councillor, Aengus O’Rourke, noting the detrimental impact of the virus from a professional perspective, stated the mechanisms introduced are not sufficient.
Laura Lynch & Associates is a dynamic tax practice based in Galway city centre, providing strategic and relevant tax and business advice to its clients, who include individual and corporate business owners, business angel investor syndicates and emerging entrepreneurs, particularly in the Medtech sector. We deal with personal, corporate and international issues across all tax heads, applying a commercial and personal approach to a given set of circumstances.
The Minister for Finance Paschal Donohoe presented his fourth Budget on Tuesday. As was well signalled, this Budget was framed against the backdrop of a potential no deal Brexit. Given the current reality of climate change, unsurprisingly climate related initiatives have featured prominently within the measures announced. The details announced also include certain tax increases, limited changes to personal tax, together with targeted measures for SMEs.
UNMARRIED COUPLES. YOU COULD HAVE A LARGE TAX BILL IF YOUR PARTNER DIES.
Are you considering availing of The Fair Deal Scheme but worried about the tax and financial consequences on your savings and family home? Consider planning early.
The Restaurants' Association of Ireland (RAI) has called for changes in government policy to ensure that restaurants can stay viable.
Any hike in the current rate of carbon tax will attract VAT resulting in citizens paying 'a tax upon a tax', Sinn Féin Galway City East councillor Mairéad Farrell has warned.
The Restaurants Association of Ireland (RAI) is calling on the Government to provide stability and reassurance to the tourism and hospitality sectors by reducing the 13.5% VAT rate back to 9%.
At a Finance Committee meeting of Westmeath County Council earlier this month, Cllr. Aengus O’Rourke expressed deep concern regarding the commercial rates revaluation appeals process and the negative impact the outcomes of those appeals may have on the county’s budget for the calendar year.
Is your savings plan generating little or no return? Consider converting it to a life assurance savings plan and have the option of saving 33% in gift tax in the future.